market reports: Southern Indiana Home Prices & Sales 1/3/09 - 01/08/10 01:53 AM
This is the first snapshot (officially anyway!) of the year. We finally caught up after a few weeks of holiday stuffing!
Before we get to the stats, I just want to say how excited I am to see what 2010 will bring. You have those who think the market will recover and those who think we’ve still yet to see the bottom. Count me as one of the optimists! I think things have already started turning around and I think this year will be better than last. Don’t get me wrong now. I’m not saying it won’t be a challenge. I’m … (0 comments)
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market reports: Southern Indiana Real Estate Market Report 12/7/08 - 12/10/08 10:34 AM
Good morning everyone! Another gloomy day here in Southern Indiana with the temperature dropping rapidly. I don't really like all the weather changes, but I guess it isn't up to me!
Hope everyone is having fun getting ready for Christmas. Only 15 more days! It is really hard to believe I know.
Below are the numbers for the Southern Indiana Area. You can also view the numbers for the Greater Louisville area as well as the Elizabethtown / Ft. Knox areas by clicking here. As always, if you have any questions about these numbers or would like to discuss them further, … (0 comments)
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market reports: Southern Indiana Real Estate Market Report 11/16/08 - 11/19/08 10:38 AM
Hello everybody! One more week (almost) until Thanksgiving! Hope everyone is staying warm out there.
Below are the numbers for the Southern Indiana Area. You can also view the numbers for the Greater Louisville area as well as the Elizabethtown / Ft. Knox areas by clicking here. As always, if you have any questions about these numbers or would like to discuss them further, please don't hesitate to call or email me.
The numbers for Southern IN are as follows as of Sunday, November 16, 2008:
Active Listings Stats
2,501 homes currently on the market $172,444 is the average list price … (0 comments)
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market reports: Southern Indiana Real Estate Market Report 11/09/08 - 11/12/08 11:58 AM
Well it's official. I don't like cold weather! Where did my sunshine go? Oh well, might as well get used to it because it's probably going to be a while before it comes back. Hope everyone is having a wonderful week. We had some major news announced today during our sales meeting. I am pretty excited about it. I'm not going to tell anyone what it is yet, but it will be awesome for both buyers and sellers. More to come soon!
Below are the numbers for the Southern Indiana Area. You can also view the numbers for the Greater Louisville … (1 comments)
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market reports: Southern Indiana Real Estate Market Report 11/02/08 - 11/06/08 11:59 AM
Hello everyone. What an unbelievable week here in Southern Indiana. The weather has been absolutely gorgeous. Too bad it can't last forever. To be honest, I kind of like the change. These next two months are my favorite time of year with Thanksgiving and dare I say it, Christmas right around the corner! Anyway, hope you're all having a great week!
Below are the numbers for the Southern Indiana Area. You can also view the numbers for the Greater Louisville area as well as the Elizabethtown / Ft. Knox areas by clicking here. As always, if you have any questions about … (0 comments)
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market reports: Southern Indiana Real Estate Market Report 10/19/08 - 10/23/08 04:12 PM
Hey everybody! I'm running a little late with this weeks numbers so I apologize. Hope you are all having a great week!
Below are the numbers for the Southern Indiana Area. You can also view the numbers for the Greater Louisville area as well as the Elizabethtown / Ft. Knox areas by clicking here. As always, if you have any questions about these numbers or would like to discuss them further, please don't hesitate to call or email me.
The numbers for Southern IN are as follows as of Sunday, October 19, 2008:
Active Listings Stats
2,494 homes currently on the … (0 comments)
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market reports: Southern Indiana Real Estate Market Report 10/12/08 - 10/15/08 09:34 AM
Hello everyone! I hope you are all having a wonderful Wednesday!
Below are the numbers for the Southern Indiana Area. You can also view the numbers for the Greater Louisville area as well as the Elizabethtown / Ft. Knox areas by clicking here. As always, if you have any questions about these numbers or would like to discuss them further, please don't hesitate to call or email me.
The numbers for Southern IN are as follows as of Sunday, October 12, 2008:
Active Listings Stats
2,519 homes currently on the market $173,154 is the average list price of those homes There … (0 comments)
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market reports: Southern Indiana Real Estate Market Report 10/5/08 - 10/08/08 10:46 AM
Hello everyone. Big news this week with the announcement of the bailout. I think I'm going to reserve judgement for a while to see how the whole thing plays out. I will say again that this is an excellent market to buy in. There are opportunites all over the place and if you were on the fence about whether or not to do it, my only question is what you are waiting for? Give me a call if you would like to discuss this issue further or if you know anyone who could be in the market.
Below are the numbers … (1 comments)
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market reports: Southern Indiana Real Estate Market Report 9/28/08 - 10/01/08 11:08 AM
Hello everyone. Thanks again for stopping by and checking out my blog. What a week it has been. I know there are a lot of people concerned about the market and what is going to happen. But I have to tell you that I am really excited about some real opportunities for both buyers and sellers. Give me a call if you would like to hear more about them.
Below are the numbers for the Southern Indiana Area. You can also view the numbers for the Greater Louisville area as well as the Elizabethtown / Ft. Knox areas by clicking here. … (0 comments)
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market reports: Southern Indiana Real Estate Market Report 9/21/08 - 09/24/08 09:34 PM
Hello everyone. Thanks again for stopping by and checking out my blog. I hope everyone's power has been restored by now and we can all start the cleanup so things can get back to normal.
Below are the numbers for the Southern Indiana Area. You can also view the numbers for the Greater Louisville area as well as the Elizabethtown / Ft. Knox areas by clicking here. As always, if you have any questions about these numbers or would like to discuss them further, please don't hesitate to call or email me.
The numbers for Southern IN are as follows as … (2 comments)
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market reports: Southern Indiana Real Estate Market Report 9/14/08 - 09/17/08 08:56 AM
Greetings everyone. Well what a week here in Southern Indiana. I know there are a lot of people still without power (including myself). Unlike most of you though, I still have power running to my house. With that said, we decided to turn it off in the house because our electrical box was pulled off the house by a tree limb. So while most people are waiting for Duke Energy to turn their power on, I'm waiting for them to turn it off! That sounds crazy doesn't it?
Anyway, I didn't want to miss putting up the numbers for this week. … (1 comments)
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market reports: Southern Indiana Real Estate Market Report 9/7/08 - 09/10/08 02:52 PM
Hello everyone. I hope you are all having a great afternoon! Have you seen the weather outside? If not, get out there and enjoy it. It is absolutely gorgeous!
Anyway, back to the subject at hand. Below are the numbers for our local Southern Indiana area. I will publish and track these numbers each week so that we can all stay on top of where the market is headed. You can also view the numbers for Greater Louisville and the Elizabethtown / Ft. Knox areas by clicking here.
The numbers for Southern IN are as follows as of Sunday, September 7, … (0 comments)
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market reports: Weekly Market Snapshot for Southern IN / Greater Louisville Aug 31, 2008 - 09/03/08 11:59 AM
Hey everybody. I hope you're all having a great Wednesday today. With the short week I thought it was Tuesday for a second! Anyway, here are the weekly snapshot numbers for the Southern Indiana market. You can also view the numbers for the Greater Louisville market and the Elizabethtown / Fort Knox market by clicking here.
The numbers for Southern IN are as follows:
Active Listings Stats
2,661 homes currently on the market $176,885 is the average list price of those homes There is currently 9.4 months of inventory* Last 30 Days Stats
284 homes sold The average sales price … (0 comments)
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market reports: Weekly Market Snapshot for Louisville / Southern Indiana Aug 24, 2008 - 08/30/08 02:39 PM
Hello everyone and thanks for coming to check out my blog. I'm going to try and post this once a week so that we can all keep up with what is going on in our local market.
While I will only post the Southern Indiana numbers directly on the blog itself, you can also see numbers for Greater Louisville as well as the Elizabethtown / Fort Knox area by clicking here.
The numbers for Southern Indiana for this week are as follows:
Active Listings Stats
2,668 homes currently on the market $176,220 is the average list price of those homes … (0 comments)
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market reports: Foreclosures Down 48% - 05/18/08 08:44 AM
I received an email from my CEO the other day. He likes to send out industry news or announcements etc. Anyway, his message on Friday was filled with excitement and surprise.
The first part of his message was discussing an article he saw in the USA Today Newspaper. The article was about foreclosures rising 65% in the month of April. I know what you are thinking, how can that be good news? Well the good news didn't come from there.
That same day, Louisville's Courier Journal reported that foreclosures were down 48% for the month of April in Louisville and the … (0 comments)
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market reports: What is a Buyers' or Sellers' Market? - 05/01/08 10:54 AM
If you ever read much about real estate, chances are you might have heard the term monthly absorption rate or current monthly inventory. If you haven't heard those, I know you've heard Buyers' Market or Sellers' Market. I'm going to explain how they determine what type of market it is.
I think most people who listen to the news know that nationally (and I hate to do that because there really is no such thing as a national market), we are in a Buyers' Market. Sellers are having a harder time selling their homes than they have in years past.
… (4 comments)
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market reports: Southern Indiana Market Report - March 2008 - 03/06/08 11:59 AM
If you have questions regarding this information or any other real estate needs, please contact me at anytime. You can call my cell at (502) 641-1677 or email me at bmumaw@semonin.com. Don't forget to check out my web site as well.
Equal Opportunity Housing. All information deemed reliable, but not guaranteed. All information herein has not been verified and is not guaranteed.
… (0 comments)
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market reports: Southern Indiana Market Report - February 2008 - 02/01/08 10:34 AM
If you have questions regarding this information or any other real estate needs, please contact me at anytime. You can call my cell at (502) 641-1677 or email me at bmumaw@semonin.com. Don't forget to check out my web site as well.
Equal Opportunity Housing. All information deemed reliable, but not guaranteed. All information herein has not been verified and is not guaranteed.
… (0 comments)
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market reports: Southern Indiana Market Report - January 2008 - 01/08/08 02:20 PM
If you have questions regarding this information or any other real estate needs, please contact me at anytime. You can call my cell at (502) 641-1677 or email me at bmumaw@semonin.com. Don't forget to check out my web site as well.
Equal Opportunity Housing. All information deemed reliable, but not guaranteed. All information herein has not been verified and is not guaranteed.
… (0 comments)
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market reports: Clark County Indiana Market Report - October 1, 2007 - 10/02/07 06:47 AM
Using the stats above, the monthly absorption rate for Clark County is just over one year. The monthly absorption rate is the time it would take to sell the entire inventory that's on the market currently. Typically, anything over 6 months is considered a "buyer's market" and anything under 6 months is considered a "seller's market". As you can see, we are in a buyer's market at the moment. Couple that with the fact that interest rates are still low, and you will see that now is a great time to move.
If you are on the fence or you have questions, … (0 comments)
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